BL-2023-000713 - Bundle for Disposal Hearing

Jockey Club Racecourses Limited Notes to the financial statements Year ended 31 December 2021

17.

Financial instruments The carrying values of the company's financial assets and liabilities are summarised by category below: Financial Assets 2021 2020 £m £m

Measured at undiscounted amount receivable • Trade and other debtors (note 14) • Amounts due from group undertakings (note 14)

12.6

23.2

7.3

7.6

16.9

20.0

• Cash

Financial instruments measured at cost less impairment • Fixed asset unlisted investments (note 13)

0.2

0.2

37.0

51.0

2020

Financial Liabilities

2021

£m

£m

Measured at fair value through profit or loss • Interest rate swap (notes 15 and 16)

8.0

3.4

Measured at amortised cost • Loans payable (notes 15 and 16)

95.3

70.3

• Obligations under finance leases (notes 15 and 16)

1.2

0.9

Measured at undiscounted amount payable • Trade and other creditors (note 15)

7.8 9.4

12.4 20.3

• Accruals (note 15)

• Amounts owed to group and parent undertakings (notes 15 and 16)

14.2

9.0

135.9

116.3

The company's income, expense, gains and losses in respect of financial instruments are as follows: 2021 2020 £m £m

Interest income and expense Total interest income for financial assets at amortised cost (note 6) Total interest expense for financial liabilities at amortised cost (note 7) Fair value gains and losses On financial liabilities measured at fair value through profit or loss (note 8)

0.3

0.3

(4.3)

(3.7)

(2.2)

4.7

(6.2)

1.3

31 375

NT1/112

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